Interest Installment Date definition

Interest Installment Date means the first Business Day of the end of each calendar quarter and continuing on the first (1st) Business Day of each successive calendar quarter thereafter.
Interest Installment Date means the first day of the second calendar month following the Advance Date.
Interest Installment Date means the first Business Day on or after October 1, 2008, and continuing on the first Business Day of each successive fiscal quarter therafter.

Examples of Interest Installment Date in a sentence

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  • Borrower shall pay interest only in advance on the Advance Date for the period from and including the Advance Date until the last day of the calendar month in which the Advance Date occurs, and shall then pay interest only in arrears (the “Monthly Installment”), commencing on the Interest Installment Date and thereafter on the first day of each month to and including the first day of the sixtieth (60th) month following the Advance Date.

  • Other cost-saving and efficiency submissions are under consideration for future implementation.

  • Commencing on the first Principal and Interest Installment Date and continuing on each Principal and Interest Installment Date thereafter through and including the first day of the calendar month immediately preceding the Maturity Date, Borrower shall pay principal and interest in arrears in an amount each month equal to the Principal and Interest Monthly Installment.

Related to Interest Installment Date

  • Installment Date as defined in Section 2.12.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Installment Due Date means, for any monthly installment of interest only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note. The "First Installment Due Date" under this Note is October 1, 2007.

  • Interest Date means the last day of an Interest Period.

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Scheduled Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, the scheduled due date of any payment of principal on such Notes, as specified in the related Indenture Supplement, or if such day is not a Business Day, the next following Business Day, unless such day is in the next calendar month, in which case such Scheduled Principal Payment Date, unless otherwise specified in the related Indenture Supplement, will be the last Business Day of the current calendar month.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Prepaid Installment With respect to any Mortgage Loan, any installment of principal thereof and interest thereon received prior to the scheduled due date for such installment, intended by the Mortgagor as an early payment thereof and not as a Prepayment with respect to such Mortgage Loan.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in January 2026.

  • Class A-1 Final Scheduled Distribution Date means the Distribution Date.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Class A-4 Final Scheduled Payment Date means the June 16, 2025 Payment Date.

  • Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in January 2025.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.